Blogs

The credit insurance industry, like many industries, is growing and evolving and we at CMR are ensuring that we are at the front of these changes. With the backing of our very supportive credit insurance underwriter, Atradius, we are offering more flexible credit insurance policy solutions all with the aim of protecting your company with a credit insurance policy that suits you.

Buyer impersonations are becoming more common! As the name suggests, this type of fraud is where a fraudster impersonates an established creditworthy company by placing orders in their name but then requesting it’s delivered to a rogue trading address or they offer to pick up the goods themselves. The supplier would, as normal invoice the legitimate company only to be informed that they didn’t order the goods.

Many business owners in England will now be aware of the business rates increasing and how this increased cost will mean that they will have to increase their revenues to cover the additional overhead. An obvious thing to say but it’s true, if your costs go up, your prices will have to go up too. The shadow business secretary, Rebecca Long-Bailey, has announced that small businesses should be offered more emergency help.

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About Our Company

CMR is a credit insurance specialist and has been providing managed credit insurance policies for over 25 years. Credit insurance not only provides vital protection to help minimise the risk of bad debt but the additional disciplines in the credit management process will improve cash flow and ultimately increase profitability. The CMR team strives to provide the highest standard of service whilst complementing your credit control procedures so you can concentrate on growing your business.